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First Trust Materials AlphaDEX Fund

66 hedge funds and large institutions have $208M invested in First Trust Materials AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

3% more funds holding

Funds holding: 6466 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 21

2.75% less ownership

Funds ownership: 66.4%63.65% (-2.8%)

6% less capital invested

Capital invested by funds: $221M → $208M (-$12.9M)

Holders
66
Holders Change
+2
Holders Change %
+3.13%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
16
Increased
20
Reduced
21
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NPC
26
National Planning Corporation
California
$990K +$916K +26,231 New
BCM
27
Barometer Capital Management
Ontario, Canada
$985K -$831K -23,800 -46%
AI
28
Atria Investments
North Carolina
$939K -$1.54M -44,007 -63%
Baird Financial Group
29
Baird Financial Group
Wisconsin
$873K -$6.74K -193 -0.8%
MFS
30
MSI Financial Services
Massachusetts
$674K +$282K +8,066 +75%
RPG
31
Risk Paradigm Group
Texas
$673K +$77.8K +2,226 +13%
CIBC World Market
32
CIBC World Market
Ontario, Canada
$668K +$651K +18,648 New
RJFSA
33
Raymond James Financial Services Advisors
Florida
$626K +$139K +3,967 +29%
FA
34
FDx Advisors
Illinois
$520K +$507K +14,503 New
BFEC
35
Benjamin F. Edwards & Company
Missouri
$511K +$116K +3,331 +30%
CWM
36
Cornerstone Wealth Management
Missouri
$490K
CAN
37
Cetera Advisor Networks
California
$485K -$6.45M -184,755 -93%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$435K +$61.3K +1,754 +17%
Janney Montgomery Scott
39
Janney Montgomery Scott
Pennsylvania
$395K -$3.84M -110,044 -91%
PFS
40
Prospera Financial Services
Texas
$377K -$338K -9,666 -48%
AP
41
Advisors Preferred
Maryland
$356K +$230K +6,586 +197%
Citigroup
42
Citigroup
New York
$349K -$13K -372 -4%
HighTower Advisors
43
HighTower Advisors
Illinois
$349K +$14.7K +421 +5%
LFAS
44
Level Four Advisory Services
Texas
$310K +$302K +8,655 New
SWP
45
Stratos Wealth Partners
Ohio
$281K +$2.27K +65 +0.8%
CC
46
Cedar Capital
Illinois
$278K -$101K -2,897 -27%
FAAS
47
First Allied Advisory Services
California
$262K +$255K +7,312 New
WI
48
Wintrust Investments
Illinois
$215K +$210K +6,009 New
IH
49
IFC Holdings
Florida
$208K +$203K +5,806 New
AG
50
Advisor Group
Arizona
$180K +$65K +1,861 +59%

FXZ Hedge Fund Activity: Q4 2016 in Review

66 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Materials AlphaDEX Fund (FXZ) for Q4 2016, worth a combined $208M — down 5.8% from $221M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXZ positions and 13 closed out — a net gain of 3 holders — while 20 added to existing stakes and 21 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $14.5M. The largest seller was Hays Advisory, cutting an estimated $9.97M.

  • 66 institutional investors held First Trust Materials AlphaDEX Fund (FXZ) as of Q4 2016, up from 64 in Q3 2016.
  • Funds reported $208M of First Trust Materials AlphaDEX Fund stock for Q4 2016, down 5.8% quarter-over-quarter.
  • 16 funds opened new First Trust Materials AlphaDEX Fund positions in Q4 2016 and 13 closed out, a net change of +3 holders.
  • The largest First Trust Materials AlphaDEX Fund buyer in Q4 2016 was Morgan Stanley, an estimated $14.5M added.
  • The largest First Trust Materials AlphaDEX Fund seller in Q4 2016 was Hays Advisory, an estimated $9.97M sold.

Based on aggregated 13F filings for Q4 2016.